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Wednesday, February 27, 2008

Indonesia Strengthens Position in Palm Oil Excellence

Tuesday, 26 February, 2008 | 19:06 WIB

TEMPO Interactive, Jakarta: Indonesia will strengthen its position as the country of excellence in the world's palm oil industry by holding the World Palm Oil Summit and Exhibition (WPOSE) on 20-24 May, 2008 in Jakarta.

"The government welcomes this event. The palm oil industry must be

developed because we have a large palm oil production," said Agricultural Minister, Anton Apriyantono, during a press conference, Monday (25/2).

Indonesia's palm oil plantations are six million hectares wide with the crude palm oil production in 2007 reaching 17.2 million tons. In 2008, the production is targeted to reach 18 million tons. "We'll direct it to the downstream industry because the added value is higher," said Anton.

In the meantime, General Chairman of the Indonesian Palm Oil Producers Association (GAPKI), Akmaludin Hasibuan, said that the implementation of WPOSE can make Indonesia prepare to be the main player in palm oil industry. "As the largest CPO producer, Indonesia has that potential," said Akmaludin.

Indonesia has the opportunity to present itself in the event that gathers the world's palm oil industry stakeholders. "Businesses also have the opportunity to develop a network to advance the palm oil industry," said Akmaludin.

GABRIEL WAHYU TITIYOGA

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